Natural Gas Emergency Supply Act

[AI summary unavailable — showing source text] Natural Gas Emergency Supply Act - Provides that, within 15 days after the date of the enactment of this Act, the Federal Power Commission shall, by rule, exempt from the provisions of the Natural Gas Act, the transportation, sale, transfer, or exchange of any natural gas, other than natural gas produced from any land or subsurface area located within the Outer Continental Shelf, by any person to or with a natural-gas company: (1) which does not have a sufficient supply of natural gas to fulfill the requirements of any person which is a high priority consumer of natural gas, as defined, by rule, by the Federal Power Commission; and (2) which is curtailing deliveries of natural gas pursuant to a curtailment plan on file with the Commission.…